Spaghetti Western: The Pasta Shoot Out
AMERICAN PASTA MAKERS are accusing Italian importers of dumping. Result: Punitive tariffs may be on the way, hiking prices drastically for such Italian brands as De Cecco, La Molisana, and Barilla. Three U.S. pasta potentates--Borden, Hershey, and Gooch--have filed a complaint with the Commerce Dept., accusing 50 Italian rivals of taking government subsidies from Rome to undersell the Americans. If Commerce concurs, as expected, the tariffs could hit by yearend.
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